The global zero-turn mowers market size is projected to reach USD 4.37 billion by 2027, exhibiting a CAGR of 5.4% during the forecast period. The emergence of electric lawn mowers will open a new growth dimension for this market, observes Fortune Business Insights™ in its report, titled “Zero-Turn Mowers Market Size, Share & Industry Analysis, By Product Type (Less than 50 Inches, 50-60 Inches and More than 60 Inches), By Application (Residential and Commercial) and Regional Forecast, 2020-2027”. Electric mowers offer a sustainable and fuel-efficient alternative to conventional mowers that require gas to operate. With consumers becoming more environmentally conscious of late, the demand for eco-friendly machines for household activities has risen enormously over the past few years. As a result, the availability of zero-turn mowers powered by electricity or battery has grown as well.
For example,
China-based GreenWorks launched its Greenworks Lithium Z high-end, zero-turn
electric mower in early 2020, featuring a heavy-duty frame, smooth controls,
and a commercial fabricated deck. Similarly, Ryobi Limited, the Japanese
equipment manufacturer, has developed the Ryobi 42 Inch Zero-Turn Mower. The
machine is powered by lead-acid batteries and is fully-electric, having a
mowing range of 3 acres with zero emissions. The development and launch of such
environmentally viable mowing machines can substantially augment the prospects
of this market in the foreseeable future.
List of Key Companies Profiled in
the Zero-Turn Mowers Market Report:
- Lastec
(United States)
- Weibang
(United States)
- Metalcraft
of Mayville Inc. (United States)
- Fiskars
(United States)
- Stanley
Black & Decker (United States)
- Generac
Holdings Inc. (United States)
- Schiller
Grounds Care (Bob-Cat) (United States)
- BigDog Mower
(United States)
- Bad Boy
Mowers (United States)
- Brookfield
Property Partners L.P. (STIGA SpA) (United Kingdom)
- Textron Inc.
(United States)
- Briggs &
Stratton, LLC. (United States)
- MTD Products
Inc. (United States)
- The Toro
Company (United States)
- Wright
(United States)
- Swisher
(United States)
- Greenworks
Tools (United States)
- Alamo Group
(United States)
- Country
Clipper (United States)
- Brute
manufacturers (United States)
- Black +
Decker (United States)
- Bobcat
Company (United States)
- American
Lawn Mower Co. (United States)
- Altoz
(United States)
- Robert Bosch
GmbH (Germany)
- Ariens
Company (United States)
- Husqvarna
Group (Sweden)
- Deere &
Company (United States)
The report states that the global market value was USD 2.88 billion in 2019 and provides the following:
- Granular
analysis of the market drivers, trends, and opportunities;
- Industry-leading
insights into the challenges facing the market;
- Careful
diagnosis of the each market segment; and
- Holistic
study of the regional developments & the competitive landscape of the
market.
DRIVING FACTORS-
Increasing Adoption of Zero-Turn Mowers by
Landscaping Businesses to Support Market Growth
Landscaping
service businesses are witnessing booming demand around the globe owing to the
rising number of medium and large commercial properties such as golf courses
and sports grounds. The maintenance of such large spaces necessitates the
deployment of efficient and comfortable mowing vehicles and manufacturers are
meeting this requirement with increasing swiftness. For example, the Z254F zero
hydrostatic turn lawn mower by Husqvarna is powered by a Kawasaki engine and
has a 54-inch mowing deck, making it the perfect choice for medium-sized
commercial landscaping activities.
Moreover,
its hydrostatic transmission system requires little maintenance and functions
smoothly even in cold and damp weather. Similarly, the Snapper 460Z mower, with
its all-steel frame, contour-aligned front axle, and heavy-duty, has become the
ideal solution for large-scale landscaping projects. Further, the zero-turn mowers
market growth is also getting stoked by the rising presence of lawn mowers for
backyard, small-scale landscaping. For example, Snapper’s 360Z zero-turn lawn
mower series has a foot-controlled deck and contains a 21.5 HP engine, which is
ideal for backyard landscape activities.
Read Detailed Summary of This Research Report:
https://www.fortunebusinessinsights.com/zero-turn-mowers-market-104113
REGIONAL INSIGHTS-
Active Adoption of Advanced Mowing Equipment
to Boost the Market in North America
North
America is expected to have a firm grasp on the zero-turn lawn mower market
share during the forecast period owing to the willing adoption of advanced
mowing technologies by consumers in the region. This can be attributed to the
high purchasing power in the US and Canada and wide open spaces for landscaping
activities. In 2019, the region’s market size stood at USD 1.12 billion.
Asia Pacific
is poised to grow at the fastest CAGR on account of rapid proliferation of
commercial infrastructures and rising popularity of urban gardening trends in
the region. In Europe, strong focus on maintaining tourist spots and landscapes
is fueling the adoption of zero-turn mowers in the continent.
COMPETITIVE LANDSCAPE-
Launch of Novel Mowing Solutions by Key
Players to Electrify Market Competition
The
competitive milieu of this market is getting fired up by the introduction of
innovative mowing solutions by prominent market players. These launches are
enhancing the brand value of the companies and amplifying their customer reach.
Besides this, entry of new players is reshaping the competition dynamics of
this market.
INDUSTRY DEVELOPMENTS-
- November 2020: Husqvarna released the Z400XS zero turn
mower series, the company’s premium variant of its Z400 series. The new product
features enhanced seat suspension and transmission, engine upgrades, and a
secondary gas tank.
- September 2020: Generac Holdings’ DR Power Equipment
announced the successful acquisition of the assets of Mean Green Products, LLC.
The takeover will allow DR Power to enter the mowing domain as Mean Green is
known for its commercial suite of zero-turn and battery-powered turf care
equipment.
Read Press Release:
https://www.fortunebusinessinsights.com/press-release/global-zero-turn-mowers-market-10432
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